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Thursday, September 15, 2022

Angola, Libya Overtake Nigeria As Africa’s Biggest Oil Producer

Angola and Libya have overtaken Nigeria as the biggest crude oil producers in the African continent.

The Organisation of the Petroleum Exporting Countries (OPEC) disclosed this in its Oil Market Report for September 2022 releases on Tuesday September 13 in Lagos.

The report revealed that Nigeria’s crude oil production for August averaged 1.100 million barrels per day which was 65,000mb/d lower than the 1.164mb/d produced averagely in July.

While Angola was Africa’s highest crude oil producer for the month under review with an average production of 1.187mb/d.

Libya’s crude oil production averaged also 1.123mb/d for the period.

The report said: “According to secondary sources, total OPEC-13 crude oil production averaged 29.65 mb/d in August, higher by 618,000 month-on-month.

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John Amadi

Blame buhari

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The person you want to blame, is he the creator of natural resources?

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Za pass Government according to Buhari

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